>> It's confirmed: 39-year-old Stella McCartney and her husband Alasdhair Willis welcomed their fourth child, daughter Reiley Dilys Stella Willis, last Tuesday, Nov. 23, in London. The couple, who married in 2003, are already parents to son Miller Alasdhair James, 5, daughter Bailey Linda Olwyn, 4, and son Beckett Robert Lee, 2. McCartney is reportedly planning to take a very short maternity leave, if at all, due to a heavy workload on her upcoming collection. [E!, WWD]

>> The second annual BFC/Vogue Fashion Fund shortlist was released late last week, and among the nominees this year: Christopher Kane, Richard Nicoll, Jonathan Saunders, Charlotte Olympia, E. Tautz, Nicholas Kirkwood, Osman Yousefzada, and Peter Pilotto. The winner — last year, it was Erdem Moralioglu — takes £200,000 in prize money, whereas the runners-up are each assigned a mentor. Richard Nicoll and Christopher Kane are repeat nominees. [Vogue UK, Vogue UK]

>> Jonathan Saunders, who is no longer designing for Pollini, is now pairing with Escada Sport, and he is on board to create a Resort 2012 capsule collection, consisting of 20 pieces over all product groups, including leather accessories. The collection is expected to hit stores next November. [WWD]

>> Mark Lee, who joined Barneys as CEO in September, has implemented his first management change — he's named Daniella Vitale, who he worked with at Gucci, as chief merchant and EVP overseeing all of women's and Barneys.com.

Vitale, who was president of the Americas at Gucci, succeeds Barneys veteran Judy Collinson, who was EVP and general merchandise manager of women’s at Barneys. The retailer said that Collinson, as well as SVP and women's fashion director Julie Gilhart, have both left the company to pursue other opportunities.

• Anna Dello Russo now has a perfume ad, shot by Juergen Teller, to go along with her promotional video [ADR, ADR]

• Nina Garcia welcomed her second son over the weekend, she announced over Twitter: "Delighted to announce that over the wknd we welcomed 8lb13oz Alexander David Conrod into our home! Baby is doing great & Lucas [her oldest son] is thrilled!" [@ninagarcia]
• Stella McCartney also reportedly welcomed her fourth child just before Thanksgiving last week; she just relaunched her website, with behind-the-scenes photos and videos, as well [The Cut, Style File]
• 40 percent of Vogue Italia's readers come from the United States, but Anna Wintour calls Franca Sozzani "magnificent" [WashPo]
• Mert Alas and Marcus Piggott shot Laetitia Casta in London for the Spring 2011 Roberto Cavalli campaign [Laetita Casta]
• More Spring 2011 campaign rumors: Iselin Steiro is said to be the face of Lanvin; Gisele Bundchen of Isabel Marant (by Inez van Lamsweerde and Vinoodh Matadin); Raquel Zimmermann of Louis Vuitton (by Steven Meisel); and Givenchy's group is said to be Daphne Groeneveld, Iris Strubegger, Mariacarla Boscono, and Natasha Poly [HoM, HoM, TFS]
• Prada, which saw its profits triple in the last nine months, is now eyeing an initial public offering in 2011 rather than 2012 [WWD]

>> Kate Moss is well-known for being press-elusive, but she has finally gone on record about why — and it's not so that people can more easily project fantasies on her. "I just hate it," she told The Moment. "When I used to do interviews a long time ago, I used to get very ill just worrying about them before they came out. I just didn’t like it. When I first started out I did press because I wasn’t really aware that they would write something really horrible but then they did, and I was like: 'Oh no, I don’t want to go back there. I don’t really want to open up myself to that kind of criticism.' And I think that a lot of the time you walk in a room, they already know what they want to write about you, so it doesn’t matter what you’re like. But sometimes I will do it if I like the person or the project." [The Moment]